Skip to main content

About your Search

20121224
20130101
SHOW
Today 5
( more )
STATION
MSNBCW 53
CNNW 38
FBC 20
CSPAN 14
CNBC 13
KQED (PBS) 7
WBAL (NBC) 6
KPIX (CBS) 5
WETA 4
KGO (ABC) 3
KQEH (PBS) 3
KRCB (PBS) 3
WJZ (CBS) 3
WTTG 3
KTVU (FOX) 2
( more )
LANGUAGE
English 215
Search Results 0 to 49 of about 215 (some duplicates have been removed)
's my tide, what's yours? >>> happy new year! just 17 hours from it every 2013 and the fiscal cliff. congress putting your money at risk. may be a last-minute vote in the senate today. again, that is more than 517 days after they could have fixed the thing to start with. in case you weren't angry yet, president obama sign the executive order that gives executive worker as a pay raise. won wonders whether congress has earned their raise. grover and i have never agreed on anything rat all except the fact that congressmen shouldn't have had a raise on thursday. good morning, goo to see again. >> good morning. >> you continue to engage in the conversation which i always appreciate. let me ask you this, you don't want taxes going up on anyone. but when things looked like they were aat an impasse and house speaker john boehner, the highest elected in the country. put forward his plan b about a week ago, you read it through, and you said you would be okay with people who had signed this anti tax pledge of yours voting for that bill. voting for an increase of taxes. and you will phrase it d
to the president's new comments on where the fiscal cliff talks stand and are you worried about going off the fiscal cliff? it's the "news nation" gut check. [ male announcer ] how do you trade? with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just the start. try our easy-to-use scottrader streaming quotes. it's another reason more investors are saying... [ all ] i'm with scottrade. they don't help single moms. hi! hi! [ sarah ] what happened to our house last year? [ daughters ] it flooded and the water flooded out. yeah. [ sarah ] the red cross arranged the hotel for us. they gave me that break, that leverage, to be able to get it together and take care of them. you know? i feel like we've come full circle. [ daughter 1 ] like that! [ daughter 2 ] this is how i'll do it. [ sarah ] there you go. >>> senate homeland committee chairman lieberman issui
. >> and happy new year to you. >> thank you, gary. >>> and economists are warning that going over that fiscal cliff could pull us all back into recession. congress impressional democrats attended a new year's eve style rally saying the fiscal cliff ball is in the republican court. surae chinn is on capitol hill. >> i'm urging congress to take action, stop playing games, and let's move on. >> reporter: frustration has boiled over for bob packer, a small business owner. >> i'm disappointed and angry. if they were my representeddives, i'd certainly vote them out of office. >> on tie mitchell of brokering a deal is waning. >> we do have a chance, an outside chance to get this done. >> we need two words. presidential leadership, on not just taxing rich people. >> reporter: some democratic lawmakers are calling on the house speaker to call house republicans back to work. >> bring the house back now. show up to work. >> reporter: the speaker has ordered republicans back on sunday but democrats want them to return sooner. both sides are blaming each other for the lack of compromise. democrats say hou
, obviously, critical getting closer and closer to the fiscal cliff, session lows now, the news does not portend good news with regard to the negotiations down 158 points and as you can tell, a rough day on wall street. stocks falling again, fifth day in a row, by the way, of session lows. 159 points down, red arrows, s&p and russell 2000. just sources from the meeting, but none appear to be positive, and as a result, the dow heading towards the closing bell. the holiday shopping season coming to a close, and the u.s., as we know now, on the edge of the fiscal cliff. what's that mean for retailers in 2013? we have a guest here. i love wisconsin, used to live in green bay, ken, thank you so much. tell me, what do you like when it comes to the retailers in 2013, what's the pick, and explain to me why. >> sure. i think the first place to start is to recognize that we're in an uncertain environment, and it's likely to stay that way given the news flow that we have. we're trying to take a balanced approach, first off, look for well-managed bids business -- businesses, and then can we find
the so-called fiscal cliff. nate silver in "the new york times" and putting up a quote here, this is just an excerpt. most members of the house now come from hyper partisan districts with no threat of losing to the other party. vice president of the heritage foundation telling the national journal, quote, when everybody goes back home, i don't think they're feeling the heat from their constituents for failing to reach an agreement. if anything, hearing the opposite. this is vice president of the heritage foundation. is there an incentive for house republicans to compromise or senate republicans? is there an incentive for the gop? >> no political incentive for this and now seeing it. there's a lot of hype and seeing the end game here and if you're not angry, you are not paying attention. i spoke to a senator saying there could be a small deal. mr. shear is shorting to the similar thing and the bottom line is this was built on a threat for the debt ceiling 514 days ago and the idea was we're going to have automatic cuts that hurt americans so much we'll have to cut a deal. they said that op
and the president is reportedly giving no new offer on the fiscal cliff. the house minority leader said the meeting moved negotiations forward. so where do we actually stand on all of this? fox business's rich edson is at the white house with more and did they really move this forward and is that a good sign? what do they mean? >> well, adam, they're still assessing the fallout from this meeting, democrats and republicans. leadership returned to the hill right now and basically what we've got from the start of this meeting according to a senior administration official president obama began by offering essentially what he laid out in a speech a week ago which is to keep taxes where they are for families earning less than $250,000 a year and to extend long-term unemployment insurance benefits that is basically just a small slice of what the president had been proposing for quite some time. the administration official also says that the president is putting it on republicans to come up with a counteroffer that they say can pass the house and the senate. if not, the president said, he wants an up-or-do
senator thune. a fiscal cliff deal is a new way calculating inflation that would lower social security payments. democrats say they would do it as part of much bigger deal but it was off the table for the smaller deal they are working on. so democrats called it a poison pill. >> at some point, negotiating process, it appears there are things that stopped us from moving forward. i hope we're not there, but we're getting real close. that is why i still hold out hope we can get something done, but i'm not overly optimistic but i'm cautiously optimistic. >> chuck schumer from new york continues to say the things, meaning a deal, always happens at the end. >> gregg: we'll probably hear about the change of cpi which is basically a new way of calculating an index the cost of living and slowing down the growth of sbph like social security. we'll probably hear about. mike, thanks very much. >> arthel: we're going to the white house where president obama is holding firm to his demand and blaming republicans for the failure to reach a deal. the president also appearing on a political talk show th
>>> this is fox 5 news at 10:00. >>> tonight a last ditch effort to avoid fiscal cliff is underway. both parties calling for an agreement as the deadline nears. >> but tonight we are going to begin with a winter weather alert, another round of snow heading our way. thanks for joining us tonight. a winter weather advisory for the d.c. area will go into effect in just a few hours. fox 5's gary mcgrady has the latest tonight. >> thanks a lot. cold out there tonight is the first thing you'll notice. the snow is still hours away now. temperatures outside really dropping out in the suburbs, frederick right now 28, baltimore 32, here in town holding at 38 degrees, manassas is freezing, culpeper freezing, winchester freezing, martinsburg below. once this precipitation overspreads the area, i think it's going to start as all snow, here's what we're talking about. we're already beginning to see the faintest of returns back out to the west just about to cross over into at least parts of extreme western virginia. most of west virginia is covered up with some sort of precipitation now. distinct
right now. including that so-called fiscal cliff. only seven hours until the ball drops for new year's. and seven hours till the united states formally goes over that fiscal cliff. a still combative president obama says an agreement is in sight and the senate leader mitch mcconnell says it's close as well. house republicans have decided they will not vote until after taxes have already gone up. they're supposed to go up after midnight. we have complete coverage of this breaking news story as well. let's begin this hour with our senior congressional correspondent dana bash. as we've been saying, we are going over the fiscal cliff. >> reporter: technically, that is true. house has decided that there's no point, from the perspective of republicans who run the house, to stay tonight, because the plan over the past two, three days, has been for the senate, which is down the hall behind me, tore vote on any kind of deal first, and then send it to the house. the senate isn't there yet. they're very close. but close doesn't give a bill to the people who need to write it and put it on the flo
number. comfort individualized. >> our coverage of the fiscal cliff continues moments away. other news making headlines and breaking at this hour. we've learned about five people killed in a charter bus crash on an icy interstate in oregon. these weather systems are something that we have been watching tonight. state police are telling us that 20 others were injured when the vehicle crashed through a guardrail and traveled down an embankment. some of the injured taken to local hospitals while others were treated there and there will be an investigation and we'll bring you pictures as they come into the news room as well. new developments regarding a fatal plane crash in russia. new video surfacing of the airliner as it careened off the runway and on to a highway in moscow yesterday. the impact sending debris flying into oncoming traffic, including a tire that slammed into a car. no passengers were on board at the time only crew members and the death toll risen to five after a flight attendant. the remaining three survivors listed in mythical or serious condition. hospitalized tonight.
or else the country will go over the fiscal cliff. >>> there is a new dairy cliff bill. leaders in the house and senate agriculture committees agree to a one-year extension of the expiring farm bill. so far, no house vote is scheduled. if this bill is not passed, the price of milk could double next month. some estimate that a gallon of milk could go up to $8 a gallon. >>> 8:16. today, a second volunteer firefighter who was shot and killed in upstate new york will be laid to rest. [bagpipes] >> yesterday, hundreds of police officers paid their respects to michael chippairini. investigators say he and tomasz were shot after someone shom them responding a fire. >>> a car crashed into a funeral home at the wyemoth funeral brothers. it was just about a funeral was about to get underway. police say it appears two teens were racing when they lost control and crashed their car into the building. >> literally, five seconds after i entered the side rule -- side room, we saw the car careen into the building. >> the teens were taken to the hospital with serious injuries. a 66-year-old man i
are of the fiscal cliff. tonight we will all begin the larger set of tax increases in american history. that is new year's to you from our elected officials. did i also mentioned you are getting a pay raise in the new year as well. all this could have been avoided if congress got its act together, but the doomsday option hit and the president set in motion. there is a chance of some sort of deal, but we have to wait until the new year. let's go directly to washington senior washington correspondent, peter barnes, with details of negotiations. >> reporter: still some pieces being negotiated tonight, particularly on the sequestration, those automatic spending cuts that are supposed to take effect on january 2nd. about $100 billion. about half of that on the past -- defense department. still trying to work through the details of some democratic and republican side. it's unclear if there will actually get to a vote in the senate on that tonight, but they could if they work something out. otherwise we have the framework from sources familiar with these negotiations. here are some of the things that are
and avert the fiscal cliff. >>> positioning portfolios for the new year, i can majs is tricky right now. there's a lot of mess going on in d.c. we're going to help. we're going to give you the single best play for 2013. >>> and also next, two congressman, one democrat one republican. they're going to talk to us about the fiscal cliff. are they happy or sad? and can they rise above to get a deal done? "closing bell" will be back after this break. tdd#: 1-800-345-2550 when i'm trading, i'm totally focused. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and the streetsmart edge trading platform from charles schwab... tdd#: 1-800-345-2550 gives me tools that help me find opportunities more easily. tdd#: 1-800-345-2550 i can even access it from the cloud and trade on any computer. tdd#: 1-800-345-2550 and with schwab mobile, tdd#: 1-800-345-2550 i can focus on trading anyplace, anytime. tdd#: 1-800-345-2550 until i choose to focus on something else. tdd#: 1-800-345-2550 all this with no trade minimums. tdd#: 1-800-345-2550 and only $8.95 a trade. tdd#: 1-800-345-2550 open an account with a $50,00
of the fiscal cliff situation, or do you actually see some new product, maybe an apple tv, spurring to 900? i would argue you need to see a new product in order to get there. >> i think apple always vacillates between the two extremes of fear and greeand ri hitting that kind of max fear point with people all worried about margins and what the future products will be. and what only kind of shatters that fear and gets people greedy again, what led to the big run-up this year, is when people realized that the current product portfolio are going to be much bigger than they expected. you were talking about the ipad mini. i still think that's one that's widely underappreciated. i think there's an opportunity for huge growth as ipad mini alone this year. i think we'll see iphone move to a six-month cycle instead of a 12-month cycle. apple's seeing that people anticipating a couple of quarters ahead and holding off on sales. so i think there will be new products, though. i think itv is definitely one. i think november is likely the target there. and i think 2013 is going to be the year we actually se
on the screen. the fiscal cliff melodrama is bad cabling reality show, real housewives of new jersey without the seven siartd without though not without the plastic surgery. they are phony and the "wall street journal" is basically arguing here the politicians are just like them. they are actors, pretending to do something meaningful about crisis of their own creation and none of them seems terribly sincere about doing something fundamental in $16.4 trillion. fair point? >> but the real issue is $80 trillion in unfunded liabilities entitlement programs which no one is talking about. it's amazing. i think "wall street journal" is right on the point. we've had all this discussion for the last several months and frank liquor to the last four years of raising taxes on the rich, above $250,000 which a basically a moral argument. it doesn't a dent in the $80 trillion in unfunded liabilities. entitlement reform and president obama doesn't want to talk about it. he wants to focus on the tax rates which is for all intents and purposes utterly irrelevant. >> gregg: so in other words, we can count on t
at the new york stock exchange, facebook higher why? >> that's right, stuart, so the fiscal cliff concerns continue. here at the nyse, spirits are high. one of the traders gave me the snazzy glasses and one of the reasons could be facebook. and bmo capital upgraded facebook from underperform to outperform and raised its price target to $32, up from $15. and steeple nicholas raised the price market to $31 up from $26 and looking at facebook shares up 2% this morning and seems like it could be a happy new year for facebook and either way, stuart get these on here, a happy new year to you. stuart: they look pretty good, got to say. >> match the dress. stuart: i heard a comment from the gentleman to your left. >> the gentleman who gave me the glasses, very happy with his donation here. stuart: is he selling those? >> no, free of charge, actually. >> hey, diane, thank you for being here. >> thank you, stuart. stuart: secretary of state hillary clinton remains hospitalized this morning and has a blood clot related to concussion she suffered earlier this month. that concussion prevented her from
to go until we go off that cliff, the fiscal cliff. new today one key congressman is giving us a sober status report of where things are. >> i think there is a sense of urgency, t.j., just because of where we are. we're right at the deadline. as a matter of fact, it looks like we will be here on new year's eve and possibly new year's day. they've already alerted us, members of the house, to look at the possible way of doing that. >> at this hour, senate leaders are scrambling to piece together a last-minute deal to avoid middle class tax hikes and possibly delay steep spending cuts. both sides weighing inned to. >> congress can prevent it from happening if they act now. leaders in congress are working on a way to prevent this tax hike on the middle class, i believe we may be able to reach an agreement that can pass both houses in time. >> republicans hope to work across the aisle to solve these and other critical challenges facing america in the new year. divided government is a good time to solve hard problems. and in the next few days leaders in washington have an important responsib
, there is some good news in that she's expected to recover. >> turning back to the fiscal cliff, just this hour we have reports of republicans claiming the president is holding up talks over the sequester. now we have senator mitch mcconnell and the president saying they want a deal on taxes first before dealing with the sequester. what's going on down there? >> reporter: well, there's this final sticking point of the sequester. they have agreed to this tax deal, which is not insignificant, of course. this tax deal which will increase taxes on individuals making $400,000 or more and couples making $450,000 or more because, remember, some republicans have been resistant to raise taxes at all. the hangup over the sequester is that the white house is saying, democrats are saying let's extend it, stave it off for a year, and pay for it with new tax revenues. republicans say, no, let's deal with it in the nearer future. that's really where the fight is coming together, but these negotiations continue to evolve and my sources tell me they're still optimistic for a deal. >> kristin welker, thank you.
before the fiscal cliff hits on new year's day and with it, more than $600 million in tax hikes and spending cuts. in a last bid for a deal, president obama stated his terms face-to-face to top republicans and democrats. >> congressional leaders arrive ted white house this afternoon for their first group meeting with the president since november 16th. vice president biden and treasury secretary timothy geithner also attend. but there was little to suggest the makings of an 11th hour bargain. a source familiar with the meeting told the newshour its president is sticking with his offer from last friday. it included keeping the bush era tax break force the middle class but raising tax rates on incomes over 250,000 dollars a year. president also wants to extend unemployment benefits for some 2 million americans who will lose them in the new year. and a proposal would delay any spending cuts. the president asked for an up or down vote on his plan unless there is a counter proposal that will pass both the house and senate. a little more than an hour after the meeting began, several pa
for the top of the news of this special edition. no senate vote on the fiscal cliff tonight. that just from majority leader harry reid. they cannot agree. cannot agree on a counter offer at this point from the democrats. after a day of last minute negotiations to avoid tax hikes and spending cuts set to go into effect the day after tomorrow. chief congressional correspondent mike emanuel very busy tonight. it's almost coming apart. >> that's right. there's a lot of dis agreement on both sides. republicans say they would like to see any tax revenue that comes out of a fiscal cliff deal used to pay down our trillion dollars deficits. retiring republican senator from arizona, jon kyl, said the democrats want to spend $600 billion and he believes the new tax revenue will be about the same am. to he says not solving anything. for from senator to an today. >> raising taxes to pay for new spending is not something republicans believe this debate ought to be about. it ought to be about reducing the deficit and debt. they're suggesting we want new taxes, higher taxes on people in this country to pay
monitor tomorrow herzfeld. coming up on monday on "n.b.r." we'll be monitoring those fiscal cliff negotiations, and we'll have news and analysis. we'll also a look back at the year in stocks, and s&p's sam stovall joins us to pre-view what's next for the markets in the year ahead. it could be one of the biggest trends in business next year: companies setting aside time for their employees to play. ruben ramirez explains. >> reporter: it may be hard to remember those hot summer days on the playground. the freedom to let your mind wander. how times have changed. as companies slashed jobs during the great recession worker productivity surged, today, many people are doing the job multiple people once did. >> i think our culture has gone in some direction where we feel like if we took a break we'd be considered irrelevant in the workplace and they don't need me. >> reporter: cary umhau's firm spacious is trying to re- introduce the idea of play to the workplace. tech companies have embraced play for years. at google employees get one day a week to work on their own projects. gmail and
. give us a perfect new year's eve, please, one that will prepare us for the looming fiscal cliff? >> you know, you're killing me with that. listen, i'll give you a great dessert. a coffee cream dessert. a great new year's eve dessert. it's simple to make, dark rum, espresso coffee, put it in a blender and then serve it in martini glasseses. put them in the fridge, let it get nice and cold. after your dinner, pull it out, put coffee beans on top, serve it. great dessert. martini grass, enlass. >> start with something sweet. i like it. thanks for waking up early and joining us. >> thanks. >>> it may not be so easy to get money for that new car if washington drives us off the cliff. what no deal can mean for bank loans in 2013. >>> and i am following him, by the way, on twitter. >> good for you. >> in that second. >>> all right, moving on, talking about the grief and anger in india. protesters call for justice for a gang rape victim who has died now. her case is galvanizing the nation. we'll we're going to take you live to new delhi. stay close. 315 horsepower. what's that in reindeer-power
: just four days to the new year and potentially the fiscal cliff so far little to know progress reported in making a deal to avert across the board tax hikes for 90% of the american households. it's been 10 days since the president and the speaker held any substantial face-to-face meetings. is time up or is it still possible for both sides to reach a last minute deal? let's put the question to byron york of the "washington examiner". too late or, gosh, maybe this is so easy you can wait until the last minute? >> i guess it depends whether you believe in miracles, gregg. gregg: i don't. >> the only thing that is really happening is the days are ticking by. i think what we've got is, you go first situation here. remember, after the so-called plan b failed in the house, john boehner, speaker of the house said, look, it's up to the senate. we'll not do anything more. we already passed a bill a while back that would extend bush tax cuts for everybody. it is up to the senate to do something. you have senate minority leader mitch mcconnell, the republican saying it is up to the democrats to do
in a bikini have to do with the fiscal cliff? ask "the new york post." there she is on today's front page leaping off an actual cliff. off the fiscal cliff, this fall is really going to hurt. that's what they said. >>> up next, it used to be a favorite republican pastime, going after hillary clinton. it hasn't happened for a while, of course, but what if she does run for president? how could they resist doing it again? you're watching haum, the place for politics. when you have diabetes... your doctor will say get smart about your weight. that's why there's glucerna hunger smart shakes. they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. [ male announcer ] glucerna hunger smart. a smart way to help manage hunger and diabetes. mine was earned off vietnam in 1968. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal. begin your lega
in washington. there's no deal, no new offer on the fiscal cliff crisis. president obama has just told the two senate leaders they should make the deal. the results immediately felt in the financial markets. look where the dow closed down 158 points when it became very clear nothing was happening and now take a look at where the numbers are in the after markets. we would open now down 315 points on the dow if we started trading now. down 315 points. we have much more on this throughout the rest of the program, but the market's very unhappy. we do have some good news to report tonight. looks like at least one cliff has been averted for the time being. the so-called container cliff. the union that represents dock workers and u.s. maritime lines came to an agreement today to extend their current contract for 30 days. this is a big relief now for the retail industry and consumers who were staring at real destruction again for the supply chain. here now is jonathan gold and he's vice president of supply chain and customs policy for the national retail federation. jonathan, good to see you. >> miche
an e-mail. >> the fiscal cliff, what would a new tax plan mean for small companies and their employees? we're going to get that story when we return. as we head to a break, check out the futures. we have red arrows. they continue to be red arrows. nasdaq off about 12.5 points, the s&p 500 off a little over 6.5 points. we have more coming up on squawk after this break. [ male announcer ] you've climbed a few mountains during your time. and having an investment expert like northern trust by your side makes all the difference. we add precision to your portfolio construction by directly matching your assets and your risk preferences against your own unique life goals. we call it goals driven investing. after all, you don't climb a mountain just to sit at the top. you look around for other mountains to climb. ♪ expertise matters. find it at northern trust. [ male announcer ] the way it moves. the way it cleans. everything about the oral-b power brush is simply revolutionary. oral-b power brushes oscillate, rotate and even pulsate to gently loosen and break up that sticky plaque with more
us about this new fiscal cliff deal that president obama has sent over to senator leaders? >> well, the power of social media to get the word out. gop sources say in the conversation with the president, he indicated that he does have a bill he would like to bring forward to the hill today. they have not seen that. it would be a package to deal with averting the fiscal cliff. we can infer from that with what the president said before he went to the family vacation in hawaii that he wanted something that would be scaled down, not a massive grand bargain that would protect the current tax rate for people who earned less than $250,000 a year or perhaps a different figure if they reached that. but trying to protect the middle class. so officials here haven't seen it yet, but this is kind of today's volley in what has been this ongoing battle. house speaker john boehner has been saying the president must act and it appears the president is prepared to do that with another offer. and senate democrats would presumably be right on board with that. hopefully we will get details sometime this
. >>> finally, what's a woman in a bikini have to do with the fiscal cliff? ask "the new york post." there she is on today's front page leaping off an actual cliff. "off the fiscal cliff, this fall is really going to hurt." that's what they said. >>> up next, it used to be a favorite republican pastime, going after hillary clinton. it hasn't happened for a while, of course, but what if she does run for president? how could they resist doing it again? you're watching "hardball," the place for politics. she knows you like no one else. and you wouldn't have it any other way. but your erectile dysfunction - you know, that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis if you take nitrates for chest pain
with the fiscal cliff? ask "the new york post." there she is on today's front page leaping off an actual cliff. "off the fiscal cliff, this fall is really going to hurt." that's what they said. >>> up next, it used to be a favorite republican pastime, going after hillary clinton. it hasn't happened for a while, of course, but what if she does run for president? how could they resist doing it again? you're watching "hardball," the place for politics. check out my new treadmill app. pretty sweet, huh? cute. but don't you have any apps on your phone that can make your life easier? who do you think i am, quicken loans? at quicken loans, we'll provide you with myql mobile. this amazingly useful app allows you to take pictures of your mortgage documents using an iphone or android smart phone... so you can easily send them to us. one more way quicken loans is engineered to amaze. ooh, la-la! >>> i'm craig melvin. we have some breaking news at this hour. nbc news laz learned president obama will host a meeting tomorrow afternoon with congressional leadership from both sides of the aisle. house this re
shields and "new york times" columnist david brooks. >> brown: developing fiscal cliff, walking short time ago the president came out of the meeting with congressional leaders and said he was modestly optimistic. are you? >> no, no i think everyone is trying to look busy so when we go over he can say we tried. he came back from hawaii, he had to do something. so they had a meeting. if you don't have new offers you don't have progress. you did have a frank exchange but they in in the business of macking a deal there is no real evidence that they moved. so i remain that we will probely go oferm then once that happens then all sort of things start a lining. speaker boehner gets reelect as speaker t is easier to pass a tax cut than do it beforehand. everyone goes crazy outside so there is more pressure. so i still think it's much more likely that not much has happened. >> what do you think? looking busy, that's all that is happening right now? >> i think that it was a chance, on january 3rd, he has the votes from the republican congress, land there is no reason to think doesn't, then will be r
breaking news stories this hour. we now know the united states will in fact go over the fiscal cliff at midnight tonight. the senate is closing in on a deal, but the house has said it will not vote tonight. possibly take up any action tomorrow. the other breaking news story we're following, new details emerging of secretary of state hillary clinton's blood clot. doctors are now revealing it's located in a vein between her brain and her skull. they say it did not result in a stroke or any neurological damage. we're following both of these stories. i want to bring in tom foreman on the fiscal cliff. the emerging deal that's out there, no deal yet, and no deal until it's finalized, not only in the senate, as you know, tom, but the house of representatives and signed into law by the president. >> there's so many contentious details here. any one of them might trip this up, but there are two big pillars we're talking about today more than anything else. the first one seems to have been successful. it has to do with the idea of where you're going to put the threshold for maintaining the bu
-term? >> very short-term. and then i'm sorry to be the dispenser of bad news, we have the whole fiscal cliff again with the fiscal reputation in terms of the borrowing maximum, the ceiling, which will come due in about a month where they have to raise the debt ceiling. you remember the president said, i'm not going to play that game anymore. unfortunately, he's going to play that game. so we'll have crisis number two, even if they solve this mini crisis today, or tomorrow. >> this white house fallback deal that senator reid is talking about pushing, if it comes to that, talk a little bit about this. >> that is the very minimal. what that is is going back to what he originally proposed. anybody who makes over $250,000, their taxes will go up. this is something that republicans before didn't agree with and the president actually raised it to $400,000. but now maybe they'll pass that, and the extension of unemployment benefits, 2 million people, lose unemployment benefits. if that should happen, they'll say, wait a second, we capitulated on that to fight for another day, because we just had to
taxes. she is following just like other americans what's going to happen with the fiscal cliff. >> reporter: representative elect swalwell says his new office in d.c. won't be much bigger, but the responsibilities monumental. his message? >> mom, i'm working for you. i'm receiving your text messages and i'm going to make sure that i stand up for you and the people who i grew up with. >> reporter: swalwell will be the second youngest member of congress when he's sworn in january 3rd. he leaves this sunday for washington d.c. to pick up his new keys to his office. in dublin juliette goodrich, cbs5. >> he better listen to mom. good luck. >>> a storm that left record snowfall in arkansas and some 200,000 customers without power is headed into eastern canada. it kept road workers very busy in the northeast after dumping snow across northern pennsylvania, upstate new york and new england overnight. at least 16 deaths are blamed on this storm that started here in california. >>> while it's nothing like that we've got some weather of our own blowing in with a storm arriving as we spe
a big news cycle happening on this last did of 2012. not only the fiscal cliff, but secretary of state hillary clinton in the hospital. we'll get to that in just a moment. a diagnosis of a blood clot. but some questions still remaining. >>> we have some weather stories, including the latest on this horrific tour bus crash on an icy highway in oregon. it was packed full of tourists. and it skidded off the road, leaving nine dead, many more injured. >>> and the live shot from new york presbyterian hospital where secretary of state hillary clinton is being cared for right now. abc's martha raddatz has the latest on her condition. martha, good morning. >> reporter: the secretary has not been seen in public since early december after an illness and then a fall. but this is the first time she's landed in the hospital. >> probably a good idea to -- >> reporter: on sunday, secretary clinton was admitted to new york presbyterian hospital for treatment of a blood clot. according to the state department, in the course of a followup exam, the doctors discovered a blood clot had formed, stemming fr
to the fiscal cliff here on "morning joe." with us now from the new york stock exchange, we have cnbc's mary thompson. mary, it's good to have you on this morning. first of all, how's wall street? i mean, we're preparing for whatever the reaction might be to whatever the pitiful little plan that might happen today is. >> you know, right now what we're setting up for is probably a lower open here on wall street. if you look at how the markets reacted over the last five sessions, they've had a five-session losing streak, so it looks like we could be on track for a sixth. what this reflects is the growing expectations, obviously, that a grand bargain on the fiscal cliff won't be reached. now, there still remains some hope here on wall street that maybe a band-aid measure will be reached by day's end. nevertheless, a number of traders told me, they say you know, even if we go over the cliff, they'll probably do a short-term fix at least in the early days of 2013. the problem is is that they don't expect the uncertainty that overshadows how we are going to address the long-term deficit issues her
'll know if there's a deal on the fiscal cliff or not and what either outcome means for you and your money. we'll talk to sheila bair, former fdic chairwoman. and texas congressman lloyd daggett. so much to talk about tomorrow. i certainly hope a deal has been done. >> nice to work with you. >> are you going to go to times square? >> i'm going to run the park. 2013 starts with a run. i conned my wife into it as well. she'll join me. >> happy new year to you. >> cnn newsroom with suzanne malveaux begins now. >>> happy new year. stories we're watching now. hours by hour, inch by inch, the nation sliding closer to the fiscal cliff. we'll have more on this morning's negotiations and what we'll lose if those talks fail. and workers in some states may see a pay raise but may not notice much of a difference. >>> guns are flying off the shelves after fears of a ban on assault rifles following the sandy hook massacre. we're live at the white house with the latest details. plus this. >> reporter: i'm alina cho in times square, where just hours from now new york will host what is arguably the biggest
on the fiscal cliff stuff, president obama, rochelle, on a new poll, 54% approve of his handling of the fiscal cliff. only 26% support joan boehner. so the politics of it is not even working for them. they're purists, but they're not being practical, even politically. everyone as they don't stand for what you and i may think is the right thing. they're not even being practical about this. >> well, with taxes, it's so complicated because the republican party has basically got taxation at the heart of its ideology. so what they're almost in a position -- they've force ed ths into a corner where what they almost sl to do is let the cliff kick in so that then they can vote to go back and reinstate some tax cuts as opposed to somehow translating any kind of vote they take, you know, grover nordquist was going to stand up and say they raised taxes on the wealthy. at this point, they've got the situation so backwards, that they're going to have to let the cliff kick in. >> let me ask you this quickly. we've got some good economic news yesterday. weekly unemployment claims have fallen to the lowest si
the fiscal cliff. we are within 72 hours of the deadline, and tonight the new developments. in the wake of the shooting at sandy hook elementary, gun sales are on the rise. what is driving the spike? and the growing number of teachers who are looking to arm themselves. also, one man's trash becomes a child's musical treasure. you'll meet the children's orchestra that plays instruments recycled from garbage. >> i'm harris falkner. they are actually negotiating on capitol hill just as economic analysts say we are about to go over the so-called fiscal cliff, the punishing combination of higher taxes on just about every worker in america and deep spending cuts particularly to our military. top lawmakers are calling in staff members for meetings on this saturday. right now we are told senate leaders are working on a potential deal. still our journalists on the hill are being told there will be no official proposals or votes until tomorrow at the very earliest. the time line qoo -- could not be tighter. we will begin seeing lower tax rates expiring and federal aid for things like unemployment
they are trying to put together a plan to help us from all going over the fiscal cliff. we are within 72 hours of the deadline, and tonight the new developments. in the wake of the shooting at sandy hook elementary, gun sales are on the rise. what is driving the spike? and the growing number of teachers who are looking to arm themselves. also, one man's trash becomes a child's musical treasure. you'll meet the children's orchestra that plays instruments recycled from garbage. >> i'm harris falkner. they are actually negotiating on capitol hill just as economic analysts say we are about to go over the so-called fiscal cliff, the punishing combination of higher taxes on just about every worker in america and deep spending cuts particularly to our military. top lawmakers are calling in staff members for meetings on this saturday. right now we are told senate leaders are working on a potential deal. still our journalists on the hill are being told there will be no official proposals or votes until tomorrow at the very earliest. the time line qoo -- could not be tighter. we will begin seeing lower
of california, and 250 will be a big pill to swallow. this is a fiscal cliff that we can have 50 days, 60 days down the road. it does not fix the problem if you ill have these taxes on $250,000 and above. as rich edson said, this is going to be another deadline in congress has to have. i think everyone needs to get comfortable with the fact that we are going to have these kinds of stopgap last-second deals. gerri: okay, let's get tyler in here too, are republican strategist. is there any common ground can be found here? i mean, this seems to me like a last-ditch effort. let me tell you what it when it was announced today that there was going to be a meeting at 3:00 o'clock from expectations went through the roof. i think people thought something really big was going to happen at the end of the day. e president s saying that he is modestly optimistic. maybe you would be something by december 31. what do you make of it? >> he is modestly optimistic about no new changes here. youknow, the country needs a leader. no matter what party you are from, that is what we need. that's what we need in the p
the fiscal cliff deadline, the new year's countdown is taking on a whole new meaning. >>> health scare. just days before secretary of state hillary clinton was set to return to work, she suddenly is hospitalized for a blood clot stemming from that concussion she sustained recently. >>> and in an nbc news exclusive, president obama lays out his second-term priorities, and guns didn't make the list. >>> plus, is there new hope for chuck hagel? the president defends his possible defense secretary pick. >>> good morning from washington. it's the last day of the year, december 31st, 2012, and this is "the daily rundown." i'm chris cillizza in for chuck todd. with sweeping tax increases and across-the-board spending cuts set to take effect at midnight, even lawmakers are now publicly pessimistic about the ability of congress to, well, get anything done. at best, democrats and republicans will patch together a limited, short-term deal to avoid the most immediate economic impacts of the fiscal cliff. with 15 hours to go and counting, members of congress are disgusted and embarrassed. >> when the fut
before investing. >>> well, of course, it isn't just the fiscal cliff we're counting down to. it's new year's eve and we want to say happy new year to everyone who is joining us or watching the program here today. earlier, we asked have you made any resolution, trade or otherwise, for 2013. we've got a couple at least. one here from jeff who says i resolve to invest in pets and pampering. petsmart people love pets and profit from it. that's true, actually. ac tweets to accomplish my 2012 resolutions. that's one where i think a lot of us would agree. if you want to join the conversation, send in your thoughts worldwide@cnbc.com. tweet us, @cnbcwex or tweet us individually. >>> the senate in the race against the clock as lawmakers try to solve the fiscal cliff impasse ahead of tonight's deadlines. >>> china ends the year as a sign of manufacturing growth as manufacturing activity hits itself fastest pace in 12 months. german, japanese and hong kong stocks are leading the way today. here is a look at today's other top stories. congress may be able to avoid the so-called dairy cliff. the h
Search Results 0 to 49 of about 215 (some duplicates have been removed)